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Memorial Hospital

Also known as AdventHealth Manchester

Manchester, KY · EIN 61-0594620 · 501(c)(3) · Church
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Memorial Hospital reported $93.7 million in revenue and $88.6 million in expenses for calendar year 2024. Of every $100 it spent, $89.87 went to program services, $10.13 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 98.7% of the total. The highest compensation it reported for one person was $1,851,004 (Director/ Regional CEO). 63 people received more than $100,000 in reportable compensation. Revenue rose 74% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $89M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $94M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
89.9%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
10.1%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
1.2%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.8%0.1%
Program service revenue share
Part VIII 2g ÷ 12
98.7%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,851,004$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.09%1.34%
People paid over $100,000
Part VII, line 2
6327
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
2.86.6
Independent voting board members
Part VI 1a–1b
7 of 1488.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$80M expenses · 100.0% of program spending · grants $238K · revenue $92M

Operation of acute care hospital totaling 49 beds with 1,611 patient admissions, 6,445 patient days, 67,234 outpatient visits, and 136,184 physician clinic patient visits in the current year

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Director/ Regional CEO
Director/trustee, officer, 10.00 hrs/week
$0$1,692,559$158,445$1,851,004
Dir/Chairperson/CFO Multi-State Div.
Director/trustee, 2.00 hrs/week
$0$1,644,580$166,436$1,811,016
Director/Reg. CFO
Director/trustee, 10.00 hrs/week
$0$745,561$121,315$866,876
Director
Director/trustee, 88.10 hrs/week
$805,155$0$37,725$842,880
Physician -Family Practice
Highest compensated employee, 40.00 hrs/week
$771,591$0$55,318$826,909
Former Officer
Former, 0.00 hrs/week
$0$662,649$94,014$756,663
Director/CEO (End 7/24)
Director/trustee, officer, 50.00 hrs/week
$0$584,159$101,839$685,998
Director (End 12/24)
Director/trustee, 40.10 hrs/week
$514,602$0$48,844$563,446

63 people received more than $100,000 in reportable compensation from Memorial Hospital (Part VII, line 2). Compensation of current officers, directors and key employees totaled $3.5M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$25M$50M$75M$100M201920202021202220232024$94M$89M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$94M$89M89.9%$20M$1,851,004
2023 ⓘ$90M$88M90.7%$15M$2,368,832
2022 ⓘ$75M$81M91.9%$12M$1,112,951
2021 ⓘ$77M$77M91.4%$19M$1,035,229
2020 ⓘ$56M$65M90.1%$20M$910,377
2019 ⓘ$54M$58M91.4%$29M$1,278,726

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b14 · 7 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5714
  • Volunteers Part I, line 620

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
Concord Medical Group KY PLLC
Physician Services
$1,943,138
South Central Physicians PLLC
Physician Services
$1,648,060
Sweet Dreams Anesthesia
CRNA Services
$987,191
Mountain Rehabilitation Services
Physical Therapy
$838,233
Biomerieux Inc
Lab Services
$542,943

Individuals listed as contractors are left out. 50 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Memorial Hospital totaling $18 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Memorial Hospital's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Memorial Hospital, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Kentucky

Questions people ask

How much of Memorial Hospital's spending goes to programs?

In calendar year 2024, Memorial Hospital reported that 89.9% of its $88.6 million in expenses went to program services, 10.1% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Memorial Hospital pay its top executive?

The largest total compensation Memorial Hospital reported for one person in calendar year 2024 was $1,851,004, for the role of Director/ Regional CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Memorial Hospital get its money?

Of $93.7 million in revenue in calendar year 2024, 1.2% came from contributions and grants (including 0.8% from government grants) and 98.7% from program service revenue (Form 990, Part VIII).

Is Memorial Hospital a registered charity?

The IRS lists EIN 61-0594620 as a 501(c)(3) organization (church), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503219349323340 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202433209349314423 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202323199349319152 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202223199349310332 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143199349313689 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023219349314397 · read the filing

All filings for EIN 61-0594620: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.